Section 235 of Companies Act - Power to acquire shares of shareholders dissenting from the scheme or contract approved by the majority

Shajathali S , Last updated: 10 October 2022  
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Introduction When a company acquires shares or gets assent from not less than 90% of shareholders of the transferor company, then the transferee company has right to acquire the balance 10% shares from the shareholders those who dissent from the acquisition offer made by the transferee company. T

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Published by

Shajathali S
(On secretarial team @IBL Groups )
Category Corporate Law   Report

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